Domain services firm lands $10 million

Software maker Nominum said it's received $10 million in funding from Bessemer Venture Partners and Morgenthaler Ventures. The Redwood City, Calif.-based company, which provides Domain Name System services and software, said it named Cristi Garvey as the new vice president of engineering and Richard Probst the new vice president of product management. Several employees of the company were the original creators of the Domain Name System, which runs many of the key Internet functions. "Closing this significant investment round in a difficult funding climate is a testament to the vision of our investors, and underlines the important role that Nominum will play in the management of network resources," Nominum CEO Chris Risley said in a statement. The company said it would use the money for product development.

4 May 20022:43 am AEST

Software maker Nominum said it's received $10 million in funding from Bessemer Venture Partners and Morgenthaler Ventures. The Redwood City, Calif.-based company, which provides Domain Name System services and software, said it named Cristi Garvey as the new vice president of engineering and Richard Probst the new vice president of product management. Several employees of the company were the original creators of the Domain Name System, which runs many of the key Internet functions.

"Closing this significant investment round in a difficult funding climate is a testament to the vision of our investors, and underlines the important role that Nominum will play in the management of network resources," Nominum CEO Chris Risley said in a statement. The company said it would use the money for product development.